General Services Administration Awarded a Contract to OM GROUP, INC. for $50,000,000,000.00

Summary of Award

### Comprehensive Summary of the Federal Contract Awarded to OM Group, Inc. by the General Services Administration

The contract at the center of this summary is an Indefinite Delivery Vehicle-Award (IDV_A) granted by the General Services Administration (GSA) to OM Group, Inc. This Government Wide Acquisition Contract (GWAC), identified by the award ID "47QTCB21D0186," was initiated on June 17, 2021, involving services within the realm of professional, scientific, and technical services, specifically focusing on computer systems design services under NAICS code 541512.

#### Contract Overview The GWAC is a significant contract, with a base and all option values reaching up to $50 billion. This contract is particularly integral as it pertains to the Federal Acquisition Service's aim of procuring computer systems design services, positioned under the broader scope of IT and telecommunications. The product or service code "DA01" aligns with these categories, emphasizing business application and application development support services. The contract commenced on July 2, 2021, with a performance period slated to conclude on July 1, 2026. However, transactions are active until the final day to order, also noted as July 1, 2026. #### Key Contract Details - **Type and Description:** It is categorized as an IDV_A under the description GWAC, which allows multiple awards. It's structured to provide a broad framework for acquiring IT-related services through negotiated proposals, emphasizing open competition after exclusion of sources. - **Set-Aside and Solicitation:** The contract was set aside for 8A competition, targeting businesses certified as part of the 8(a) Business Development Program, a Small Business Administration initiative designed to aid small and disadvantaged businesses. - **Extent of Competition:** Full and open competition methods were employed after exclusion of sources. Notably, 999 offers were received as part of the competitive solicitation process, delineated under solicitation identifier "47QTCB20R0005." #### Recipient Profile: OM Group, Inc. OM Group, Inc., based in Piscataway, New Jersey, is a versatile participant in the 8(a) Program and meets several business classifications, including being a minority-owned, economically disadvantaged woman-owned, and small disadvantaged business. The company offers a range of services related to computer systems design, focusing on developing business applications and providing related support services. Important company leadership details include executive salaries, such as Sowmya Hariharan receiving $355,000 and Sangita Subramanian earning $350,000, highlighting the competitive stature of executives managing the operations under this contract. #### Awarding and Funding Agencies Both functions of awarding and funding are managed by the General Services Administration, specifically through the Federal Acquisition Service (FAS). These agencies collectively handle the structured planning and execution of the contract and ensure its alignment with the governmental IT needs. #### Transaction Overview Despite the sizable ceiling of the contract, actual obligations recorded in the reviewed transactions appear nominal, with total obligations listed at $0. This could reflect budgeting processes where specific order entries have not been accounted for yet or potential delays in financial reporting. Key transactions include modifications or modifications (Mod: P00007 through P00001), reflecting contractual updates with no significant monetary exchanges except small adjustments in initial transactions. The notable financial entry is a $250 negative adjustment on October 27, 2022, balanced by an initial transaction of a similar positive amount on June 17, 2021. Details regarding these transactions are sparse, marking a necessity for additional insight into procurement specifics beyond the nominal values provided. #### Strategic Importance The GWAC serves as a strategic vehicle for the federal government to consolidate IT acquisition, offering cost-effective solutions by setting a versatile stage for key contractors like OM Group, Inc. The arrangement enables streamlined procurement of essential IT services, leveraging competitive and fair market participation to enhance federal procurement efficiency. Compliance with structures like the Clinger-Cohen Act underlines the planning mechanisms embedded within the contract’s framework to foster a conducive environment for executing multi-billion projects with precision and adherence to federal acquisition standards. ### Conclusion This contractual relationship between the GSA and OM Group, Inc. is emblematic of a broader strategic approach to federal procurement in the IT sector. The framework established by the IDV_A provides flexibility for the federal government to attain IT solutions in a structured manner, leveraging the capabilities of small and disadvantaged businesses in the process. Despite the absence of reported financial obligations thus far, the projected expenditure ceiling underscores a significant commitment to sustaining and advancing governmental IT infrastructure through comprehensive and competitive means.